Svend E. Madsen A/S

Public limited companyCVR 38517430BjerringbroActive

Svend E. Madsen A/S is a public limited company, based in Bjerringbro, active in construction of buildings, founded in 2017. Net profit fell 29% from 2024 to 2025, ending at DKK 3.8m. With 39 employees, the company is about 8 times larger than the industry median. Gross profit is higher than that of 87% of the companies in the industry in the database.

PDF report Compare

Key figures · financial year 2025

Gross profitDKK 23.7m−17.6% vs. 2024

Net profitDKK 3.8m−28.8% vs. 2024

EquityDKK 13.7m−1.2% vs. 2024

Employees39latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

Gross profit fell 18% (2024 → 2025), to DKK 23.7m.
Net profit fell 29% (2024 → 2025), to DKK 3.8m.
Equity fell 1% (2024 → 2025), to DKK 13.7m.

Employees

1 fewer employees than a year earlier: 39 (07/2026) against 40 (07/2025).

Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.

Financial statements

Financial years 2020–2025 · amounts in DKK thousand

Equity and net profit

EquityNet profit

Financial figures for Svend E. Madsen A/S
	2020	2021	2022	2023	2024	2025	Change
Revenue	not stated	not stated	not stated	not stated	not stated	not stated	–
Gross profit	21,740	19,884	20,315	20,788	28,811	23,741	−17.6%
Operating profit (EBIT)	2,827	1,385	−534	1,911	7,141	5,042	−29.4%
Profit before tax	2,704	1,094	−768	1,512	6,883	4,903	−28.8%
Net profit	2,108	865	−570	1,189	5,375	3,827	−28.8%
Total assets	28,083	27,717	27,362	32,693	33,266	26,524	−20.3%
Equity	8,547	8,412	7,642	8,831	13,906	13,733	−1.2%
Liabilities	15,810	16,400	17,199	20,850	16,146	10,671	−33.9%
Cash and cash equivalents	5,415	697	0	5,306	6,891	3,989	−42.1%
Average number of employees	37	37	39	33	34	27	−20.6%

Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.

Download the figures as CSV · free with an account, amounts in whole DKK

Compare with the industry (914 companies)

Gross profitMedian, the industry (914 companies)

Annual reports

6 financial years

Annual reports for Svend E. Madsen A/S
Financial year	Period	Published	Figures for	Documents
2025	01/10/2024 – 30/09/2025	04/12/2025	The company	PDF not statedXBRL
2024	01/10/2023 – 30/09/2024	16/12/2024	The company	PDF XBRL
2023	01/10/2022 – 30/09/2023	06/02/2024	The company	PDF XBRL
2022	01/10/2021 – 30/09/2022	08/03/2023	The company	PDF XBRL
2021	01/10/2020 – 30/09/2021	28/02/2022	The company	PDF XBRL
2020	01/10/2019 – 30/09/2020	28/01/2021	The company	PDF XBRL

The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.

Employees

monthly figures from CVR

Employees

Position in the industry

914 companies in the database

Comparison with the other companies in construction of buildings based on the latest financial year.

Gross profitDKK 23.7mNo. 121 of 910

Better than 87% of the companies in the industry

EquityDKK 13.7mNo. 171 of 914

Better than 81% of the companies in the industry

Number of employees39No. 143 of 914

Better than 84% of the companies in the industry

Industry median: gross profit DKK 3.1m, net profit DKK 305k, equity DKK 1.8m, 5 employees.

Distribution of gross profit for 851 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form

Rank among similar companies
Group	Gross profit	Equity
Companies with 20–49 employees9,922 companies in the comparison	No. 2,147of 9,892 Better than 78%	No. 2,401of 9,922 Better than 76%
Same industry and 20–49 employees128 companies in the comparison	No. 31of 127 Better than 76%	No. 44of 128 Better than 66%
Companies that are between 5 and 14 years old33,688 companies in the comparison	No. 1,670of 33,588 Better than 95%	No. 3,013of 33,687 Better than 91%
All companies of type A/S18,025 companies in the comparison	No. 5,226of 17,786 Better than 71%	No. 7,530of 18,024 Better than 58%

The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.

Compare with the industry

Construction of buildings

Gross profit

Svend E. Madsen A/SDKK 23.7m
Per Aarsleff A/SDKK 739.2m
NCC Danmark A/SDKK 720.4m

Net profit

Svend E. Madsen A/SDKK 3.8m
Per Aarsleff A/SDKK 279.8m
NCC Danmark A/SDKK 316.9m

Equity

Svend E. Madsen A/SDKK 13.7m
Per Aarsleff A/SDKK 1.5bn
NCC Danmark A/SDKK 538.1m

Employees

Svend E. Madsen A/S39
Per Aarsleff A/S2,957
NCC Danmark A/S1,748

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register

Owners

Heegaard Holding ApS20% · 66.67% votes
Mathias Holding ApS33.33% · 10% votes
Andreas Hegaard Holding ApS33.33% · 10% votes

Svend E. Madsen A/S

Management

5 active registrations

Executive management

Executive management at Svend E. Madsen A/S
Name	Role	Appointed
Anders Peter Hegaard	Director	24/03/2017

Board of directors

Board of directors at Svend E. Madsen A/S
Name	Role	Appointed
Anders Peter Hegaard	Board member	24/03/2017
Mathias Pihl Hegaard	Board member	24/03/2017
Andreas Holm Hegaard	Board member	24/03/2017
Birgitte Hegaard	Board member	12/04/2017

Auditor: Ullits & Winther Statsautoriseret Revisionspartnerselskab
Founders: Heegaard Holding ApS

Signing rule: Selskabet tegnes af direktøren eller af den samlede bestyrelse.

Address and production units

1 active production units

Baldersvej 8
8850 Bjerringbro

Viborg Municipality · Postcode 8850

Production units
Production unit	Address	Industry	Employees	P number
Svend E. Madsen A/S	Baldersvej 8, 8850 Bjerringbro	Construction of buildings	36	1022303968

Purpose

Selskabets formål er at drive entreprenørvirksomhed og dermed beslægtet aktiviteter.

The purpose is quoted from the register in Danish.

Changes year by year

16 registered events

92017

12018

02019

02020

12021

12022

12023

22024

12025

20251 changeaccounts 1

04/12AccountsAnnual report for 2025 published

20242 changesaccounts 2

16/12AccountsAnnual report for 2024 published
06/02AccountsAnnual report for 2023 published

20231 changeaccounts 1

08/03AccountsAnnual report for 2022 published

20221 changeaccounts 1

28/02AccountsAnnual report for 2021 published

20211 changeaccounts 1

28/01AccountsAnnual report for 2020 published

20181 changeaddress 1

20/10AddressMoved to Baldersvej 8, 8850 Bjerringbro

20179 changesmanagement 5 · founded 1 · ownership 3

12/04ManagementBirgitte Hegaard appointed board member
24/03FoundedRegistered as Svend E. Madsen A/S
24/03ManagementAnders Peter Hegaard appointed director
24/03ManagementAnders Peter Hegaard appointed board member
24/03ManagementMathias Pihl Hegaard appointed board member
24/03ManagementAndreas Holm Hegaard appointed board member
24/03OwnershipHEEGAARD HOLDING ApS registered as owner (20%)
24/03OwnershipMathias Holding ApS registered as owner (33.33%)
24/03OwnershipAndreas Hegaard Holding ApS registered as owner (33.33%)

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Source and updates

The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

View in CVR Report a correction